Panama Papers: Iceland’s Prime Minister Resigns After President Refuses To Dissolve Parliament

Dogged by allegations he concealed multi-million dollar investments in an offshore company, the prime minister of Iceland has resigned after his request for the president to dissolve parliament was refused. Local media reports the Prime Minister’s move must be approved by both the Independence Party and the Icelandic president, Ólafur Ragnar Grímsson, before it becomes official. Agriculture and fisheries minister, Sigurður Ingi Jóhannsson, is likely to succeed him in the role. Iceland’s PM, Sigmundur Davíð Gunnlaugsson (pictured), is just one of many world leaders and former leaders revealed in the massive data leak from Panamanian law firm Mossack Fonseca which reportedly reveals the complex

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